"Booming Indian Retail Banking Sector”, the market research report by RNCOS, provides extensive research and rational analysis on the Indian banking industry. This report has been made to help clients in analyzing the opportunities, challenges and drivers critical to the growth of the retail banking industry in India.
The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. The future projection undertaken in this report is done on the basis of the current market scenario, past trends, and rules and regulations laid by Reserve Bank of India (RBI).
The report provides detailed overview of the Indian banking industry by contemplating and analyzing various parameters, like asset size, income level etc. It helps clients to understand various products offered by the Indian banking industry and their future scope.
The report also provides the future overview of the industry in terms of assets size, number of financial cardholders and various other important features. The future forecast discusses the prospects of different arms of banking industry, including rural banking, bancassurance, financial cards, mobile banking, role of technology in rural banking, pension funds, and the future course of action or strategies for pension fund industry to be taken at macro level.
Key Findings of the Report
- Pension fund industry in India grew at a CAGR of 122.44% from 1999-00 to 2006-07.
- In terms of ownership, debit cards are more in number than credit cards but in terms of transactions, use of credit cards is more prevalent than debit cards.
- The ATM outlets in India increased at a rate of 28.09% from March 2006 to March 2007.
- Outstanding Education loan segment is expected to grow at 36.41% till March 2009 from March 2007 onwards to cross Rs. 27000 Crore Mark.
- Two-wheeler finance industry is projected to forge ahead at a CAGR of 14.21% till 2009-10 from 2005-06.
- Indian Mutual Fund industry witnessed a growth of 49.88% from May 2006 to May 2007, and a higher 215.61% growth was recorded in closed ended schemes.
- Increasing number of millionaires in India is increasing the scope of Wealth Management Services.
- Bankable households in India are estimated to move up at a CAGR of 28.10% during 2007-2011.
Key Issues & Facts Analyzed in the Report
- Market analysis of different product segments in the banking industry.
- Evaluation of current market trends.
- Basel II Accord and Capital Requirement by Indian Banking Industry.
- Factors driving he growth of Retail Banking Industry in India.
- Analysis of various challenges and opportunities for the industry.
- Urban vs. rural banking in terms of deposit and credit.
- Drivers and constraints for credit and debit cards industry in India.
- Pension Fund industry in India.
Key Players Analyzed
This section covers the key facts about the major players (including Public, Private, and Foreign sector) in the Indian Banking Industry, including Bank of Baroda, State Bank of India, Canara Bank, Punjab National Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Citibank, Standard Chartered Bank, HSBC Bank, ABN AMRO Bank, American Express, etc.
Research Methodology Used
Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.